The bulls and bears are fighting here on the yellow trend line.
A trend line that has been defended by the bulls since July when it got flipped to support.
I can not confirm the bull case until the 200 Day MA slightly about at $125 is converted to a support level, until then, this can still come down to the red line again at $103.
I am holding $ABNB and it is one of my core stocks that I will only added to and hold long term, so if I am able to add this lower, I will be happy about this.
Likewise, moving higher from here will be great too.